Overview
What is Bioconnect Iowa?
Bioconnect Iowa is a nonprofit organization situated in Des Moines, Iowa. Its primary mission is to promote bioscience-driven economic development within the state, ultimately enhancing Iowa's overall growth and prosperity. Funded by the Iowa Economic Development Authority (IEDA), Bioconnect Iowa manages an SBIR/STTR outreach program, offering assistance with federal solicitation applications, technical writing, and subsequent matching funds for successful grantees. The organization aims to establish Iowa as a global powerhouse in bioscience research and industry, fostering high-paying careers in this field and improving health and welfare worldwide. With a team of six employees, Bioconnect Iowa is dedicated to driving innovation and transformation in Iowa's bioscience sector.
Official website here: www.bioconnectiowa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Bioconnect Iowa has received a commendable rating of 96% from Charity Navigator, indicating strong performance in accountability and finance. This score reflects the organization’s commitment to transparency and responsible financial management, with all elements assessed contributing positively to the overall score, particularly in the area of accountability.
The nonprofit boasts a fully independent board, which is a significant strength, as it enhances governance and decision-making processes. Additionally, the organization has implemented various policies such as conflict of interest, whistleblower, and document retention policies, demonstrating a robust framework for ethical operations. The low liabilities to assets ratio and high program expense ratio suggest that a significant portion of its funds is directed towards its mission-related activities.
While the organization shows strong financial health and governance practices, no specific limitations were noted in the available data. This reinforces Bioconnect Iowa’s position as a reliable and responsible nonprofit committed to its goals and the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Bioconnect Iowa legitimate?
Bioconnect Iowa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bioconnect Iowa submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $195,649
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,081
For more financial information, click here
Official website here: www.bioconnectiowa.org
What is the mission statement of Bioconnect Iowa?
Bioconnect Iowa's mission is centered around boosting the bioscience sector in economic development. The organization aims to transform Iowa into a global hub for bioscience research and industry. This goal is driven by the ambition to create high-paying career opportunities for locals. The vision encompasses the development of preventative vaccines for major diseases, eco-friendly biobased products, life-saving medical devices, and innovative digital agriculture techniques that enhance food production. In essence, Bioconnect Iowa strives to harness the power of bioscience research to improve health and well-being globally.
Official website here: www.bioconnectiowa.org
Who is the CEO of Bioconnect Iowa?
Paul Schickler is the Commercial O of Bioconnect Iowa. The CEO's salary of Bioconnect Iowa is $15,447 and their total compensation is $15,525.
Official website here: www.bioconnectiowa.org
What is the revenue of Bioconnect Iowa?
Bioconnect Iowa's revenue in 2022 was $1,803,790.
Official website here: www.bioconnectiowa.org
Who are the executives of Bioconnect Iowa and what are their salaries?
The average compensation at Bioconnect Iowa during 2022 was $80,288. There are 6 employees and 7 volunteers at Bioconnect Iowa.
Here are 10 key members and their salaries (Bioconnect Iowa's CEO's salary is $15,447 and their total compensation is $15,525):
- Compensation: $150,009
- Related: $0
- Other: $12,162
- Compensation: $150,540
- Related: $0
- Other: $3,762
- Compensation: $15,447
- Related: $0
- Other: $78
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bioconnectiowa.org
Where can I find the form 990 for Bioconnect Iowa?
Bioconnect Iowa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bioconnectiowa.org
Learn more at the official website: www.bioconnectiowa.org
Mission Statement of Bioconnect Iowa
Bioconnect Iowa, an organization committed to enhancing Iowa's bioscience-based economic development, envisions a future where the state becomes a global powerhouse in bioscience research and industry. Their mission is twofold: firstly, to foster a thriving bioscience sector that creates high-paying careers for Iowans, and secondly, to improve the health and welfare of people globally through innovations in fields such as vaccines, environmentally friendly bioproducts, medical devices, and precision agriculture. Bioconnect Iowa aims to translate research into real-world applications that can prevent major diseases, manufacture eco-friendly goods, save lives with advanced medical devices, and revolutionize food production through digital and precision agriculture. This ambitious mission seeks to transform Iowa into a hub of bioscience innovation, ultimately benefiting both Iowans and people around the world.
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Impact
July, 2024
Bioconnect Iowa is working diligently to enhance the bioscience-based economic development in the state of Iowa. By managing the SBIR/STTR Outreach Program, funded by the Iowa Economic Development Authority, this organization assists startups in their federal solicitation applications. They not only offer technical writing assistance but also provide subsequent matching funds for successful Phase I SBIR/STTR grantees and Phase II SBIR/STTR grant applicants.
In line with their mission to make Iowa a powerhouse of bioscience research and industry, Bioconnect Iowa aims to create exciting and high-paying careers for Iowans. Their work focuses on improving the health and welfare of individuals worldwide through innovative research and development. Imagine a future in Iowa where groundbreaking vaccines, environmentally friendly biobased products, life-saving medical devices, and advanced agricultural solutions become a reality. Bioconnect Iowa is instrumental in making this vision a tangible achievement, contributing significantly to the state's economic well-being and overall development.
This information is meant to be a general summary of Bioconnect Iowa. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $78
- Gross Receipts: $1,803,790
Assets and Liabilities:
- Total Assets: $1,127,931
- Total Liabilities: $12,513
- Net Assets: $1,115,418
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Organization Details
Founding Year
2011
Phone
(515) 421-4054Principal Officer
Paul Schickler
Main Address
666 WALNUT STREET SUITE 1285, DES MOINES, IA, 50309
Website
www.bioconnectiowa.orgNTEE Category
Code: S43 - Community improvement
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